Which of the Following Was the Result in In Re

question 24

Multiple Choice

Which of the following was the result in In Re Zappos.com Inc.,v.Customer Data Security Breach Litigation,the case in the text in which customers of Zappos claimed that they were not bound to an arbitration agreement contained in a contract with Zappos?

• A) The court ruled for the plaintiffs for the following two reasons: (1) there was no contract because plaintiffs did not assent to it, and (2) even if a contract existed, the contract was illusory and unenforceable because Zappos could avoid promises at any time.
• B) The court ruled for the plaintiffs only because of its finding that no contract existed based on the plaintiffs lack of assent.
• C) The court ruled for the plaintiffs only because of its finding that the contract was illusory and unenforceable because Zappos could avoid promises at any time.
• D) The court ruled in favor of Zappos on the basis that even though some provisions of the contract were unenforceable, because of the federal policy favoring arbitration agreements, the arbitration clause itself was enforceable.
• E) The court ruled in favor of Zappos on the basis that the contract was properly entered into and was fully enforceable.

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Definitions:

Capital Gains

The profit earned from the sale of assets like stocks, bonds, or real estate, which exceeds the purchase price.

Non-Eligible Dividends

Dividends paid from earnings that are not eligible for the enhanced dividend credit in certain jurisdictions, typically leading to higher tax rates for the recipient than eligible dividends.

Cash Flow

The net amount of cash being transferred into and out of a business during a specific period.

Cash Flow from Operations

This reflects the cash that a company generates from its regular business activities, excluding long-term capital and investment costs.